Summer Suites, Menara Solaris

Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building located in Menara Solaris, KLCC. There are 403 units available at this project with built-up from 493 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in about 2015.

UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has constructed around 70 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.

Property Type
SOHO
Land Tenure
Leasehold
Built-up
493 sf
Market Price
RM480,000
Density
403 Units
Completed In
2015
Launch Price
About RM700 psf

This SOHO building has many amenities nearby, for example universities, hospitals, metro transport stations and schools. The following are some main universities here:

As for hospitals, there are Al Islam Specialist Hospital, Specialist Hospital Al Islam, Twin Towers Medical Center and Twin Towers Medical Centre. There are also some metro transport stations here, i.e. LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku.

Lastly, the schools here are SMK Convent Bukit Nanas and Yayasan Sekolah Al Quran KL.

The current rental yield of Summer Suites is around 3.66%, compared to 5.26% a year ago in Q4 2019. The highest rental yield ever recorded was 5.5% in Q1 2020; while the lowest one was 3.66% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Summer Suites for sale listings:

DateTypeBuilt-upPrice
30 Nov 2020Condominium576 sfRM635,000
30 Nov 2020Condominium1,149 sfRM800,000
18 Nov 2020Condominium795 sfRM719,000
6 Nov 2020Condominium576 sfRM635,000
15 Nov 2020Condominium490 sfRM520,000
15 Nov 2020Condominium577 sfRM650,000
14 Nov 2020Condominium619 sfRM559,999
9 Nov 2020Studio588 sfRM450,000
8 Nov 2020Condominium576 sfRM635,000
7 Nov 2020Condominium1,348 sfRM990,000

Latest Summer Suites for rent listings:

DateTypeBuilt-upRental
TodayStudio500 sfRM1,600
20 Nov 2020Studio500 sfRM1,400
28 Nov 2020Condominium543 sfRM2,000
27 Nov 2020Studio469 sfRM1,500
24 Nov 2020Room In Apartment-NA-RM950
22 Nov 2020Condominium500 sfRM1,500
20 Nov 2020Studio490 sfRM1,800
20 Nov 2020Condominium490 sfRM1,800
18 Nov 2020Studio493 sfRM2,000
17 Nov 2020Studio489 sfRM1,200
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